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Philip: I'm Philip Rosedale. I think entrepreneurs just love the spotlight in many cases; a lot more than the actual money. It's sort of money that measures the size of that spotlight in a lot of communities. I think all the really great risk takers and entrepreneurs are motivated by some sort of observation about the possibility in the world around them, or something they can build that they just can't get out of their head. Usually it doesn't seem to be money that motivates them; it's sort of more powerful forces; just a fantasy or an idea that you just can't stop thinking about. Some people call themselves serial entrepreneurs. I always think that that's almost a career choice. It wasn't really mine. I call myself more of an inventor. I get passionate about imagining building something, and then trying to build it, and seeing if it works. That's caused me to work on several different projects that are entrepreneurial. I think there are a lot of really amazing people in the community that are there to be entrepreneurs, over and over again, successfully; regardless of what the ideas the work on are. I'm more of that crazy inventor, who really is passionate and particular about what he actually works on. For me, as an inventor, and I guess more of a futurist, the idea always comes first. The possibility that something about the world could be different than the way it is right now, or is likely to be different, with a little help, that is always what drives me. Then I start thinking, "Is the technology "here yet to enable that? Could I really," "actually do it?" When you think about entrepreneurial projects, and you think about the businesses behind them, and whether you can actually make money and do something, there's really sort of two different domains. I tend to think one and not the other. The first domain is arbitrage and differentiation, where maybe you're trying to take an existing market, and capture a piece of it for yourself by doing something in that market better or differently. There's another idea, though, where you believe that by creating some kind of fundamentally new experience or capability for people, there's a new market that'll be created that doesn't really have a lot of competitors in it. That market might be a value enough to people, that they'd be willing to pay for it. I'm a value creator. I always think on that side of, I don't really want to compete with an existing market, I want to create a whole new market. Then the important question to ask is, is there enough value in the experience that we're giving people with this new technology or product, that they'd actually be willing to pay something for it? That's the way I always think about new products. This concept of network affects, and focusing on products where everybody is in some sort of a shared space or community in which they all improve the overall value of the product to everybody else, those are the products that I think are interesting to me. I think they're interesting to many entrepreneurs. Probably a simple thing to do if you are a student or a young entrepreneur thinking about your first project, focus on ones that potentially have those network affects. It's a matter of imagining the future, and then asking whether there's a chance yet, to jump ahead and actually build that future.